• Durable goods orders point to factory resilience

    WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output could soon run its course. New orders11:14 AM ET | Reuters

  • Wall St. drops on uncertainty about Fed stimulus

    NEW YORK (Reuters) - U.S. stocks fell for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering concern the U.S. central bank may scale back its11:44 AM ET | Reuters

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[BRIEFING.COM] Quiet action continues with the S&P 500 once again probing fresh intraday highs. Nine sectors saw corresponding upticks as the benchmark average neared its current levels. The only exception was the utilities sector, which remains near its lows.

The utilities sector has been the subject of some selling in recent weeks. The high-yielding space is down 3.6% this week, and lower by 6.7% so far this month. Nasdaq -12.23 at 3447.19... NYSE Adv/Dec 824/2056... Nasdaq ... More


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